Guangdong Shirongzhaoye Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Cash & Equivalents	1,050	349.61	940.74	1,294	1,786	1,890
Trading Asset Securities	-	-	60	-	370	200
Cash & Short-Term Investments	1,050	349.61	1,001	1,294	2,156	2,090
Cash Growth	198.27%	-65.06%	-22.66%	-40.00%	3.18%	-1.53%
Accounts Receivable	415.19	481.14	467.23	380.8	28.6	19.28
Other Receivables	30.86	100.93	93.43	106.73	80.3	57.8
Receivables	446.05	582.07	607.24	741.39	426.22	973.95
Inventory	3,122	3,246	3,001	3,046	3,181	3,573
Prepaid Expenses	-	46.89	18.82	-	33.73	183.34
Other Current Assets	164.82	144.46	80.05	175.12	114.63	58.45
Total Current Assets	4,784	4,369	4,708	5,257	5,912	6,879
Property, Plant & Equipment	559.84	522.21	1,078	696.28	474.04	445.06
Long-Term Investments	170.43	111.1	89.59	89.05	25.11	33.15
Goodwill	7.26	7.26	7.26	7.26	7.26	7.26
Other Intangible Assets	20.11	19.63	1.31	1.61	2.35	3.31
Long-Term Accounts Receivable	365.94	305.33	147.56	-	-	-
Long-Term Deferred Tax Assets	388.06	409.33	377.81	350.87	313.34	228.64
Long-Term Deferred Charges	5.59	6.57	3.39	0.12	0.14	0.88
Other Long-Term Assets	1,435	1,522	196.34	179.04	185.3	160.86
Total Assets	7,736	7,272	6,609	6,581	6,919	7,758
Accounts Payable	660.38	619.82	396.51	285.03	392.98	666.58
Accrued Expenses	20.51	597.85	1,045	999.56	1,031	1,074
Short-Term Debt	260.1	184.75	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	284	-
Current Portion of Leases	3.75	4.25	3.26	5.78	0.98	-
Current Income Taxes Payable	42.93	33.38	47.45	56.1	181.36	108.95
Current Unearned Revenue	241.69	352.99	42.52	364.17	138.65	1,095
Other Current Liabilities	280.28	226.3	209.95	224.81	205.01	468.04
Total Current Liabilities	1,510	2,019	1,745	1,935	2,234	3,413
Long-Term Debt	1,212	360	-	-	-	294
Long-Term Leases	15.55	18.98	6.1	9.36	8.21	-
Long-Term Unearned Revenue	7.76	7.88	-	-	-	-
Long-Term Deferred Tax Liabilities	1.78	5.96	2.95	7.09	0.86	0.99
Total Liabilities	2,746	2,412	1,754	1,952	2,243	3,708
Common Stock	809.1	809.1	809.1	809.1	809.1	809.1
Additional Paid-In Capital	135.16	135.16	135.16	135.16	135.16	135.16
Retained Earnings	3,956	3,840	3,843	3,640	3,741	3,114
Total Common Equity	4,900	4,784	4,787	4,584	4,685	4,059
Minority Interest	89.79	76.42	68.38	44.81	-8.69	-8.54
Shareholders' Equity	4,990	4,860	4,855	4,629	4,677	4,050
Total Liabilities & Equity	7,736	7,272	6,609	6,581	6,919	7,758
Total Debt	1,491	567.98	9.36	15.14	293.19	294
Net Cash (Debt)	-440.63	-218.37	991.38	1,279	1,863	1,796
Net Cash Growth	-	-	-22.47%	-31.37%	3.75%	102.27%
Net Cash Per Share	-0.54	-0.27	1.23	1.58	2.30	2.22
Filing Date Shares Outstanding	809.1	809.1	809.1	809.1	809.1	809.1
Total Common Shares Outstanding	809.1	809.1	809.1	809.1	809.1	809.1
Working Capital	3,274	2,350	2,963	3,321	3,678	3,466
Book Value Per Share	6.06	5.91	5.92	5.67	5.79	5.02
Tangible Book Value	4,872	4,757	4,778	4,575	4,676	4,048
Tangible Book Value Per Share	6.02	5.88	5.91	5.65	5.78	5.00
Buildings	-	139.84	141.7	146.76	120.48	130.75
Machinery	-	80.78	76.87	62.45	22.79	26.9
Construction In Progress	-	346.31	907.33	519.68	362.62	330.28

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.